In October, the outflow of population from Sberbank amounted to about 79 billion rubles. Retail customers for the month decreased by 0.6% to 13.07 trillion rubles. Also for the month on accounts decreased deposits of legal entities.
It is reported by RBC with reference to the statements of the Bank. A credit institution, the reduction of individuals explained, “the ongoing optimization of cost of customer funds in all currencies,” held in conditions of downward momentum in interest rates, slowing inflation and easing monetary policy pursued by CBR.
If you look at data from the beginning of the year, the volume of funds of natural persons in Sberbank grew only 0.2%. The Bank’s share in this market declined from 45.1 to 43.9 per cent.
In addition, in October by 1.8% (to 6.94 trillion roubles) decrease in assets accounts of the savings Bank.
Recall, November 6, Sberbank second time in the autumn lowered the interest rates on deposits. Now the maximum Deposit rate from the base line is 4.65% per annum.
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